MILBERT, TREWEN ROAD, BUDOCK WATER, FALMOUTH, TR11 5EB - £349,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

MILBERT is a very small extended detached house of 82m², built sometime between 1950 and 1966. It was last sold for £349,000 in July 2020, which was around 1% above the average July 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2011, where the current energy rating was F, and the potential energy rating was D.

MILBERT Sold Prices

Land registry data shows two sales for MILBERT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. One of the two MILBERT sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 6 JUL	£349,000	£346,306	1% above HPI
2011 12 AUG	£230,000	£270,906	15% below HPI

MILBERT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two MILBERT sales from August 2011 and July 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2020 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is MILBERT?

MILBERT is 82m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses in Budock Water, based on EPC data. The below chart shows the distribution of detached houses by size in Budock Water, and where MILBERT lies on this distribution: 17% of detached houses are smaller than MILBERT, and 83% of houses are larger. Note that EPC data is not available for all properties in Budock Water.

MILBERT: Plot and Title Map

MILBERT sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of MILBERT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of MILBERT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is MILBERT?

MILBERT is located on TREWEN ROAD in BUDOCK WATER, in the TR11 postcode district. The below map shows the position of MILBERT on TREWEN ROAD.